This news just came out, saying that the U.S. Department of Justice has obtained permission to sell the previously seized $6.5 billion worth of Bitcoin, and the recent drops have all occurred during U.S. trading days, indicating that some people on Wall Street received the news and sold off in advance.

Sigh, after analyzing, it's hard to find a direct reason for BTC dropping by 10,000 points, because in a normal market, it wouldn't drop without any rebound; it would come down in a line. The result is that such a black swan event has occurred.

As retail investors, we can only endure this situation; besides managing risk well, there’s no other way. Open high-leverage contracts with stop losses, hold spot/2x positions steadily, and wait for Trump to take office; who knows, he might introduce legislation to not sell and treat this coin as a strategic reserve, which he had promised before.

Additionally, from obtaining permission to actual sale, it may take more than a year, so everyone should not scare themselves; there shouldn't be much impact at the moment. Once the market panic dissipates, the coin price will rise again.